Western Sahara Gaming License

• Initially, Tetra Consultants will proceed with company registration within SDRA which will be handled through the structure of an International Business Company by Tetra Consultants. This shall include registration of your business name and setting up relevant infrastructure, such as servers, in compliance with local laws. 

• Further, our experts at Tetra Consultants will manage the requirements for establishing a company in Western Sahara, specifically for obtaining a gaming license. This involves appointing at least one director and shareholder, both of whom do not need to be residents, securing a clean criminal record certificate for the directors, arranging for a certified registered agent, and ensuring that the company maintains a local office address in Western Sahara, all while complying with the regulatory standards. 

• Further, our team of experts will identify if you need a license operating an online operation, which is for gambling purposes or for land-based operation. There is one body dealing with the management and advisory corporation in Western Sahara, which is the Western Sahara Management and Advisory Corporation (WSMAC). With this, our team, overall will oversee giving advice in the relating category concerning the whole process of licensing, insuring it is within conformance with the set requirements by WSMAC. 

• Afterwards, our professionals will gather all the documentation required to process the application. This involves providing a signed form of application, detailed personal information about all the directors and shareholders, including names, addresses, telephone numbers, email addresses, bank and business references, and proper provision of identification documents such as IDs for all directors and shareholders. We will also coordinate obtaining a criminal background statement for the business owner and key personnel, which must not show any plea or conviction in the last five years for certain crimes. 

• Having complied with all documents, we will ensure to implement robust AML and KYC policies. It would be developed to meet and even go above international standards to effectively deter the possibility of financial crime and be sure that the customer’s identity is well verified. Full-fledged procedures for transaction monitoring, identification, and reporting suspicious activity, and record-keeping will be instilled by the team to comply with global regulatory requirements. 

• Once the AML and KYC policies are developed and implemented, we will proceed to send the completed application form along with all the required documents to the Western Sahara Management and Advisory Corporation (WSMAC). This will include submitting a comprehensive package that ensures compliance with all regulatory requirements, facilitating a smooth review and approval process by the WSMAC. Our team will carefully manage this submission to ensure accuracy and completeness, thereby supporting the efficient processing of your application. 

• Furthermore, Tetra Consultants will ensure that the annualized fee for a Category 1 eGambling license is settled together with your application. We will handle this payment for you to ensure this is done in the quickest time possible. After submitting the application, it usually takes a few weeks before it is reviewed. We will keep track and update you on its status. Apart from this, we shall also manage the initial booking of your company name with our name reservation services. Your license registration will be finalized soon after your application is approved. 

• Next, Tetra Consultants will ensure that your application meets all the necessary requirements and is fully compliant with the relevant regulations. If WSMAC has confirmed that all criteria are met, this authority shall facilitate your gaming license. With this license, you are accredited to act legally within their jurisdiction; hence, you can conduct your gaming activity in observance of local laws and regulations. 

• Next, Tetra Consultants will help you with corporate bank account opening within the first 4 weeks of incorporation. Our team will do all it takes, from the preparation of documents to follow-up with the banks, to make the setup process hassle-free so your business operation runs smoothly. 

Documents required for Western Sahara Gaming License 

• Signed application form containing the proposed gaming operations 
• Copy of notarized passport, Proof of address, Income of shareholders directors and individual UBO.    
• Bank reference 
• Business reference 
• Certificate of incorporation or registration 
• Extract from commercial register 
• Business license 
• Tax registration documents 
• Criminal record statement for business owner, board members, beneficiaries confirming absence of penalties for certain crimes within the past 3 months, certified by a notary. 

Requirements for Western Sahara Gaming License 

For an IBC in Western Sahara (SADR) there are various regulatory requirements which are as follows: 

• Minimum of 1 director without residency requirements. 
• Minimum of 1 shareholder without residency requirements. 
• Directors need to provide a clean criminal record certificate. 
• No minimum capital requirement. 
• At least 1 certified registered agent required. 
• An IBC must maintain a local office address in Western Sahara. 

Taxation policy 

No gambling tax 

• Gaming companies operating under the Western Sahara Gaming License benefit from a favorable taxation policy, as they are not subject to any taxes on their gambling activities. This absence of taxation presents a substantial advantage, allowing businesses in the gaming industry to maximize their profitability. By eliminating tax burdens on gambling operations, companies can reinvest their earnings into growth and innovation, making this jurisdiction an attractive option for gaming enterprises seeking to enhance their financial performance and operational efficiency in a tax-advantaged environment. 

Cost to obtain Western Sahara Gaming License 

• The licensing fees differ in number, depending on many factors related to obtaining a gaming license in Western Sahara. In the licensing process, compliance costs, government fees, and other related expenses will be incurred. We have made sure that these financial requirements are totally transparent by breakdowns.  
• For this purpose, we provide comprehensive charts showing all expenses related to the process of licensing, and thus help clients be fully aware of the kind of financial commitment involved. Our services not only help in the license procedure but also provide consultation for making informed and correct financial decisions. Staying transparent in giving insights and exact financial breakdowns, we support our clients in managing the investment efficiently and complying with all the necessary regulations. 

Looking to obtain Western Sahara Gaming License 

• Against the backdrop of a fast-changing market, a Western Sahara Gaming License presents a unique opportunity. In this respect, Tetra Consultants will smoothen the process of licensing by providing an itemized breakdown of all related costs for transparency and decision-making. More than business license and trade permit services, we have other services like resident director services, digital marketing and SEO services, or drafting of essential documents. We provide comprehensive support to our clients through the complexities of the process and to optimally manage their business operations in Western Sahara. 
• Contact us to know more about Western Sahara Gaming License and our team will revert back in 24 hours. 

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